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Economies and Size

  • David Reisman

Abstract

The previous chapter was concerned with supply over time. The next chapter but one is about market structures. The present chapter contains elements of both; for the topic of economies and size refers to the manner in which the average cost of supplying one unit of output changes over time — and to the implications of those changes for the future of competitive markets.

Keywords

Large Firm Skilled Labour Average Cost Cost Curve Supply Curve 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© David Reisman 1986

Authors and Affiliations

  • David Reisman

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